Click to enlargepadNorth American Light & Power Company

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In 1913 Southern Illinois Light & Power Company (SIL&P;) was formed to consolidate the utility companies serving a few small communities east of St. Louis. By 1919 SIL&P; had added more than a dozen communities to its service area when it was acquired by North American Light & Power Company, which had been formed four years earlier. In 1923 North American Light & Power acquired Illinois Traction and then consolidated it with SIL&P;, to form Illinois Power & Light Corporation (IP&L;). IP&L; corporate offices were established in Chicago and William B. McKinley was named chairman of the board. Clement Studebaker Jr. was named president and H.L. Hanley was elected vice-president and general attorney.

At the time of IP&L;'s incorporation, North American Light & Power was part of two larger holding company structures, the Insull group and the North American group, which each owned a 50 percent stake in North American Light & Power Company and represented the third and fourth largest utility holding structures in the United States at the time.

In 1934, North American Power & Light was folded into the North American Company under the NAC name.

Certificate Details:

Preferred Stock, issued in the 1930s

Printed by the American Bank Note Company

7 (h) x 11 (w)

This certificate has vertical fold lines, punch hole cancels in the signature areas and body and edge faults and toning from age.

Availability: Usually ships the next business day

2283padRegularly: $7.00padSALE: $5.00pad

All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.